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The telected information is for Kokomo Corporation Total shareholders' equity Saites Cost of goods sold Net Income 2021 $337.000 137.000 507.000 367,068 32.955 2020 $262.000
The telected information is for Kokomo Corporation Total shareholders' equity Saites Cost of goods sold Net Income 2021 $337.000 137.000 507.000 367,068 32.955 2020 $262.000 106,000 391,000 301.070 30.498 2019 $271,000 55,000 309.000 172.000 19.900 Kokomo had no preferred shares. Calculate the gross profit margin, profit margin, asset turnover, return on assets, and return on common shareholders equity ratios for 2021 and 2020. (Round gross profit margin, profit margin, return on assets and return on equity to 1 decimal places 26. Round asset turnover to 2 decimal places c2.6.21) 2021 2020 Gross profit margin Profit margin times times Asset turnover Return on assets Return on common shareholders equity Attempts: 0 of 1 used
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